NTPC Green Energy IPO

Waaree Energies IPO 2024: An Insightful Overview for Investors

PLEASE NOTE THAT THIS BLOG IS ABOUT AN UPCOMING IPO, SO THE DETAILS MAY CHANGE IN FUTURE, WE'LL BE UPDATING IT FREQUENTLY TO GIVE YOU THE MOST RECENT INFORMATION, BUT PLEASE DOUBLE CHECK THE INFORMATION PROVIDED TO AVOID MISTAKES WHILE MAKING DECISIONS!
⁓ TEAM FINOLOGIC

Waaree Energies, a prominent player in India’s solar energy industry, is preparing to launch its initial public offering (IPO) soon. The I.P.O. is highly anticipated as the company continues to expand its presence in both the domestic and international markets. Below is a detailed overview of the I.P.O., covering its financial aspects, reservation details, key dates, and much more.

IPO Details

Detail Amount
Overall Size ₹3,000 Crore
Fresh Issue ₹2,000 Crore
Offer for Sale Up to 32 Lakh Equity Shares
Face Value ₹10 per share

Reservation Details

Category Percentage
Qualified Institutional Buyers (QIB) 50%
Non-Institutional Investors (NII) 15%
Retail Investors 35%

Key Dates

Event Date
IPO Opening Date October 15, 2024
IPO Closing Date October 17, 2024
Allotment Date October 22, 2024
Listing Date October 25, 2024

Financial Performance

Metric FY22 FY23
Revenue from Operations ₹2,854 Crore ₹6,750 Crore
Profit After Tax ₹79.6 Crore ₹500.2 Crore
Net Cash Reserves N/A ₹642 Crore

Grey Market Premium (GMP)

Date GMP (₹)
October 10, 2024 ₹40
October 12, 2024 ₹50

IPO Prospectus

  • I.P.O. RHP: Coming Soon…
  • I.P.O. DRHP: Coming Soon…
  • Stay Connected With SEBI

A Short Message by FINOLOGIC

At Team Finologic, we’re committed to helping you navigate the world of finance and the stock market in the simplest way possible. Whether you’re a beginner or someone looking to deepen your understanding, we break down complex financial concepts so you can make informed decisions with confidence. From market trends to investment strategies, we’re here to guide you at every step, ensuring that your financial journey is smooth and well-informed. Let us be your partner in mastering finance, one step at a time!

At Finologic, we offer a range of resources to help you stay ahead in the financial world. Here’s what you can explore on our platform:

  1. IPO Dashboard: Get detailed insights and updates on upcoming and past Initial Public Offerings (IPOs), so you can make timely and informed investment decisions.
  2. Financial Calculators: From loan EMIs to retirement planning, our easy-to-use calculators are designed to help you manage and plan your finances with precision.
  3. Financial Blogs: Dive into our blogs that cover the latest trends, news, and expert advice on all things finance, tailored for both beginners and seasoned investors.
  4. Cryptocurrency Information: Stay updated on the fast-evolving world of cryptocurrencies, including market movements, expert analysis, and investment strategies.
  5. ETF (Exchange-Traded Fund) Scanner: Discover and compare the best ETFs with our powerful scanner, helping you find the right funds to match your investment goals.

With Finologic, you have all the tools and information you need to make smart financial choices!

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *